Archive for November 28th, 2019

Positive signals grow on US-China trade deal

28-Nov-2019 Intellasia | Politico | 6:02 AM

The United States and China are “getting really close” to striking a preliminary trade deal, a senior adviser to President Donald Trump said Tuesday. “We [...] » More

China-backed AIIB offers to help fund Indonesia’s capital relocation

28-Nov-2019 Intellasia | Reuters | 6:02 AM

The Asian Infrastructure Investment Bank (AIIB) is prepared to help finance Indonesia’s plan to move its capital from congested Jakarta to an area on the eastern side [...] » More

Senators seeking China ban for federal pension plan dispute critics

28-Nov-2019 Intellasia | Reuters | 6:02 AM

The US lawmakers behind a bill to stop a large federal retirement pension plan from investing in a fund that includes China-listed shares said the pension plan’s [...] » More

As HK suffers, China risks losing its financial window on the world

28-Nov-2019 Intellasia | TheGuardian | 6:02 AM

The territory’s recession is getting deeper and the US is threatening its special trading status, bringing serious consequences for Beijing Almost six months after the [...] » More

Ant Financial’s mutual-aid platform Xiang Hu Bao attracts 100 million users, boosts insurers’ sales by 60 per cent in first year

28-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

Xiang Hu Bao, an online mutual-aid platform owned by Ant Financial, has attracted 100 million users since its launch a year ago and helped insurers on Alipay’s platform [...] » More

China overtakes US in number of diplomatic missions

China overtakes US in number of diplomatic missions

28-Nov-2019 Intellasia | AFP | 6:02 AM

For the first time, China has more diplomatic missions around the world than the United States, according to a study published Wednesday that offered fresh evidence of [...] » More

China says developed countries lack ‘political will’ on climate goals

28-Nov-2019 Intellasia | AFP | 6:02 AM

Beijing on Wednesday accused developed countries including the US of doing too little to curb global warming, ahead of a UN summit discussing controversial issues including [...] » More

Exclusive: China’s ByteDance moves to ringfence its TikTok app amid US probe sources

28-Nov-2019 Intellasia | Reuters | 6:02 AM

ByteDance has stepped up efforts to separate its social media app TikTok from much of its Chinese operations, amid a US national security panel’s inquiry into the [...] » More

Bytedance: The Chinese company behind global TikTok craze

28-Nov-2019 Intellasia | Eva XIAO | 6:02 AM

The Chinese billionaire behind teen phenomenon TikTok is a 36-year-old tech guru whose eye for youth trends and pioneering use of AI has blasted the app to global [...] » More

Merkel wants Europe to aim for joint stance on China and 5G

28-Nov-2019 Intellasia | Reuters | 6:02 AM

German Chancellor Angela Merkel called on European countries on Wednesday to agree a common approach towards China and the rollout of the next generation 5G mobile network. [...] » More

China’s cold case playground murder nets 19 officials in corruption cover-up

28-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

Nineteen officials in China’s central Hunan province including 11 from the police force and six from the county government have been sacked or are waiting to be charged [...] » More

US teen’s TikTok video on Xinjiang goes viral

28-Nov-2019 Intellasia | AFP | 6:02 AM

A TikTok post by a young woman, pretending to give eyelash curling advice while actually condemning China’s crackdown on Muslims in Xinjiang, has gone viral on the [...] » More

Trump says near deal with China, but US also has eye on HK

28-Nov-2019 Intellasia | Reuters | 6:02 AM

US President Donald Trump said on Tuesday the United States was in the “final throes” in its attempt to reach a trade deal with China, but that at the same time [...] » More

Huge leaks are exposing Xinjiang’s re-education camps. But don’t expect Beijing to back down

28-Nov-2019 Intellasia | CNN | 6:02 AM

The Chinese government’s carefully constructed narrative around its Xinjiang detention centers appears to have been shattered by hundreds of pages of leaked documents [...] » More

Chinese stocks retreat as record decline in industrial profits adds to worries about corporate earnings

28-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

China’s stocks dropped for the first time this week as a record decline in industrial companies’ profits tempered optimism that the Asian nation and the US were [...] » More